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20110711
20110711
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ceiling, 55% of moderates say raise it. bob, we have two big news stories facing us. the unemployment rate going up to 9.2%. the united states facing a debt crisis. maybe not reaching the debt ceiling bill by the end of this month. the republicans are using the jobless figures to say no taxes whatsoever. they're also saying no deal. have they misread the american public? >> this is a moment when obama has to deliver. there's no question. on the economic front, if there is a default, we face a catastrophe. the talk -- one of the plans being discussed, which is the c.e.o. told me being discussed in the white house is they got that. i mean, the theme is postponement. the republicans in a sense are right. you can't raise taxes when the economy is so slow. the democrats are right. you can't cut spending when the economy is in this condition. so what do you do? postpone. what they say is, instead of a 12-year plan, maybe even a 15-year plan, and the key word here -- you'll love this -- feathering in. you feather in the pain so there actually are no real cuts, no revenue enhancements, as they cal
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